£177,880
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Dec 2019 |
| £119,000 | 30 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKBURN WITH DARWEN to estimate the market value.
When this house was purchased in December 2019 the House Price Index for BLACKBURN WITH DARWEN was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £145,000 results in an estimated price of approximately £177,880.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £145,000 | £32,880 | £177,880 |
The Postcode Pricing Model uses changes in average sales price within the BB1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 18.915 % | £27,426 | £172,426 |
| 3 Month Average | 20.328 % | £29,475 | £174,475 |
| 6 Month Average | 16.044 % | £23,263 | £168,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £76,984 | £76,000 | 279 ACCRINGTON ROAD |
| 19 Jul 2023 | £155,898 | £153,800 | 3 HEANING AVENUE |
| 6 Jul 2023 | £76,023 | £75,000 | 311 ACCRINGTON ROAD |
| 10 Mar 2023 | £141,332 | £140,000 | GLENDENE FECITT BROW |
| 4 Apr 2022 | £71,056 | £69,000 | 276 ACCRINGTON ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Oct 2014. Using an estimated price of £177,881 means this house is valued at £1,602 per sq meter (£148 per sq foot).
The average size of a house on BANK LANE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heaning Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ingleby Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingleby Close |
| Mar 2024 | Anti-social behaviour | On or near Ingleby Close | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ingleby Close |